Prestiq Wealth Launches 20 Online Retirement Calculators

Brooklyn-based financial advisor Prestiq Wealth has launched a suite of 20 online retirement calculators aimed at helping New Yorkers navigate the complexities of retirement planning. These tools, available at PrestiqWealth.com/calculators, are designed to assist individuals in exploring various financial scenarios without the need for an initial consultation.

Louis Green, CFP®, CFA®, the founder of Prestiq Wealth, emphasizes the importance of financial education in making informed decisions.

The online calculators cover a wide range of retirement planning questions, including estimating future income and Social Security benefits, evaluating Roth IRA conversions, required minimum distributions (RMDs), life insurance needs, and retirement savings. These tools are intended to be educational resources that allow users to explore financial scenarios using their own assumptions.

For example, the Retirement Income Calculator helps users determine how much monthly income their 401(k) or IRA might provide in retirement. The Social Security Calculator assists in understanding how Social Security benefits could affect retirement income. The Roth Conversion Calculator guides individuals in deciding whether to consider converting a traditional IRA into a Roth IRA. The Required Minimum Distribution Calculator helps users estimate how much they might need to withdraw from retirement accounts as they get older. The Retirement Savings Calculator and the Retirement Savings Longevity Calculator help users assess whether they are saving enough to support their retirement goals and how long their retirement money might last.

Additional tools address life insurance, retirement withdrawal decisions, long-term care needs, and other financial planning considerations. The calculators provide illustrative estimates based on user-entered assumptions rather than guaranteed outcomes or individualized financial advice.

Prestiq Wealth's approach to retirement planning goes beyond investment performance. It integrates key areas of financial decision-making, such as tax planning, estate planning, and lifestyle goals. The 5 Steps to Retirement Planning framework, developed by Louis Green, encourages individuals to consider how these decisions interact rather than evaluating each in isolation.

Prestiq Wealth serves individuals approaching retirement, retirees, and families seeking coordinated financial guidance. Its online calculator library is part of a broader effort to make retirement planning concepts easier to understand and financial decisions easier to evaluate. Brooklyn residents and readers throughout the country can explore the full collection at PrestiqWealth.com/calculators.